3.8 % of Oil and Gas Royalties for Obamacare

http://www.bizjournals.com/pittsburgh/blog/energy/2013/01/new-link-...

 

Not in your wildest dreams would McCain/Palin have pulled this garbage.

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Permalink Reply by John OBrien, landowner advocate on January 28, 2013 at 6:30am

As long as u r going back to ask why, u might want to ask why we let Goldman Sacks ex CEOs to join our government under Bush and create the very law about mortgages u r talking about.  "After all, the big banks got bailed out didn't they?

Permalink Reply by Ragnars Repo on January 28, 2013 at 6:43am
Permalink Reply by Dan on January 28, 2013 at 7:26am

Most banks didn't lose any skin.  They bundled the crappy notes with some good loans so the batch smelled OK then sold them as A quality investments.  The banks that were too stupid to dump their garbage notes got bailed or bought out.  The brokers got $1500 plus a spiff for bumping up the interest rate on folks 2% for each note.  Appraisers are afraid to show the true value of property now because many of them were just making the value up before to hit the loan requirements which were weak to begin with.  This money grab was completly bi-partisan from legislation to lender to borrower and all in-between, and we know who is footing the loses.

Permalink Reply by Anastasia on May 20, 2013 at 9:06am

Yeah, I guess that's why the market has hit an all time high, closing over 15,000.  No recovery?  Explain that. 

Permalink Reply by DDS on May 20, 2013 at 9:40am

That is an easy one, the goverment is injecting an enormous amount of money into the market each month (89 billion) I believe.  But when you take away this security blanket (which is coming) you will see the market crash the same way an addict would if you took away his drugs.

Permalink Reply by lynn on May 21, 2013 at 2:42pm

DDS is correct about  the money that the government is printing monthly going to feed the stock market.  In addition to that if you take into account inflation and the reduced value of the dollar what is 15000 now would be closer to 12000 in 2006 terms.  Either way what the stock market does now has little relevance to what is happening on main st.

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 21, 2013 at 5:15pm

Look up 'BANK HOLIDAY's friends. THAT can/will at some time happen again.

A Bank Holiday [ushistory.org]

THIS is how I envision this happening this time...everybody has these little 'bank cards/CC'. I see them used for everything - coffee, Big Macs, gas, groceries, mundane BS.... 

There will be a upset. People will panic running to their bank to withdraw their money, BUT they won't be able to withdraw. PANIC!

The banks will 'close their doors' (Bank Holiday declared). This will probably take place on a 'later week day' - late afternoon Th. or Friday sometime. I believe that the banks will be 'closed' for a week +/-.

You will only be able to withdraw a pittance of $$$ (remember Greece?)...BUT you can USE your 'money card' & CC to buy what you need.

THIS will be how they will 'eliminate' the use of the 'rags' (physical dollar bills...). With 'the square' & cell phones, I-pads, +...WHAT do they need dollar bills floating about for?

EVERY TRANSACTION can/will now be 'trackable' as well as WHERE you are, WHEN you are there...+.

Most persons already 'bank online'. Most paychecks get 'directly deposited' into checking accounts. Many payments get taken out of accounts. We are just 'numbers'....

-------------------------------------

WAR is the 'father of all things'. CHAOS.

Watch & see.... As one light lights another, nor grows less - so nobleness enkindles nobleness.

Permalink Reply by William Otis on January 22, 2013 at 12:17pm

Bush had nothing to do with it, and Obama has everything to do with makeing it worse. He really isn't qualified to be President of anything. He has no business experience, and he has no success at anything in life. Much of what he has told about his life is a lie.

Obama was a "Community Organizer" for ACORN. He claims he was a "Constitutional Law Professor." He was not. He never taught a class in Constitutional Law, and he was never a Professor of anything. He was a lecturer only, and none of the classe he taught had anyging to do with the Constitution.

Permalink Reply by Robert W. Sandera on January 22, 2013 at 4:38pm

Bush had everything to do with it. His family also destroyed 105 MPG engines I built in 1978 because they are the oil industry. I've worked with the gov 24 years for free. I told my Girlfriend about 911, 3 days before it happened. Bush Cheney, Rice and Rumsfeld knew it was coming.  911 covered up Gold being robbed from the trade center basements as well as over 2 trillion missing in the cia. and  I told others of all of it the war the collapse the patriot act all of it. I had the Federal and State government under investigation for a huge lawsuit which they tried to murder me.

The entire collapse is JP Morgan and nothing to do with subprime mortgages. People were paying these high interest loans for 5 or `10 years till all their jobs were outsourced I know as I was one and so were my brothers.

The glass Steagall act was to prevent JP Morgan from doing exactly what it did in the 30s. 3 Republicans congress got it rolled back and bam immediate depression but Bush wasn't going to get caught destroying the economy and people that provide all the food stamps and worlds currency so they put a Band-Aid on it and said here spend your 300-600 as fast as you can.  People are so addicted to both these parties that allowed this problem they should have been asking hey what the heck.

You can believe what you want leftist this rightist that the true fact is all the Media Internet Cell Phones etc is controlled by GE their companies satellites etc and they are more than likely by the history owned by JP Morgan who probably also murdered scientist Nikola Tesla who a cop found with a note crumpled in his hand that said I've been poisoned.

I saw a movie of the 1st tower hit. Sure didn't look like no plane to me.

If you people want to know whose is destroying the Country follow the money trail after 911. Bush pays the Bin laden family to rebuild Iraq, Afghanistan etc natural gas over 16.70 during Katrina etc. Gas companies cared less about production then as mad billions in stock speculations. Follow the money. The banks then take bail out and don't invest any in America we are playing dangerous games.  They own so much of the world we should have never been bailed out. GE needs dismantled for owning 3/4 of the world and about 99 percent of the United States. JP Morgan owned the titanic and was worth billions in the twenties when a mansion I bough but in 1877 with 80 acres cost the guy 900.00 so you can imagine billions around 1900 is like a million trillion today. These people are mentally ill. Rich is never enough its always got to be more.

Until this Country has Independent news again people are being brainwashed thinking they belong to a party that doesn't even think your rich unless you start at 7 million. The news is totally created now.

Permalink Reply by Dan on January 23, 2013 at 3:11am

Robert,

"spend your 300-600 as fast as you can"

That was just bait to get everyone on board so we got nailed with paying four times more every year with the Alternative Minumin Tax.

Permalink Reply by Ragnars Repo on January 23, 2013 at 3:25am
You bought a mansion in 1877???
Permalink Reply by Robert W. Sandera on January 28, 2013 at 7:26am

my keyboard skips it was built in 1877 9 bedroom 80 acres,3 story 900.00 still have the building contract

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